National automotive retailer AutoNation announced today it will soon be the new owner of four Barrier Motors dealerships in Bellevue.

AutoNation states in a release it has signed agreements to acquire the Audi, Mercedes-Benz, Porsche and Volvo luxury car stores in Bellevue by the close of this year’s fourth quarter, for a total of 13 franchises in Seattle-Bellevue and 22 statewide.

“We are pleased to be adding the Barrier Audi, Mercedes-Benz, Porsche and Volvo stores to our Seattle-Bellevue platform,” said AutoNation CEO Mike Jackson in a statement. “The Barrier stores have a great reputation in the market.  The franchises are in attractive automotive retail locations and the facilities are first class.”

The retail giant reports the four stores generate $355 million in annual revenue, selling about 5,500 new and used vehicles each year.

The pending transaction comes at an interesting time, as Barrier Motors continues construction of a new, expanded Porsche dealership on Northeast Eighth Street, replacing the current dealership slated for demolition for the city’s 120th Avenue Northeast expansion.

Barrier Motors has also openly opposed Sound Transit’s siting of a maintenance facility on Eastside Rail Corridor property  due to its potential to cut into its Audi property, decreasing space used for vehicle inventory and employee parking.